Top 3 Tech Stocks Are in China: Pro

The top technology plays around aren't based on the West Coast — or even in the United States, Light Street Capital Founder Glen Kacher said Monday.

"The best risk-rewards we see in the world are in the Chinese internet sector," he said.

"And it's a sector many on Wall Street are not willing to go do the work or they're scared, and so we see that as an opportunity to go over there quite a bit, learn about those companies, meet with those management teams and meet with the other members of the ecosystem, and that's been quite a good sector for us."